Sound opportunity to purchase 3,250 m2 block with large industrial shed in prominent location and good exposure in the growing town of Katherine
$$ Leased to a National Company
$$ 6 year lease (expires 28/2/14) plus 6 year option
$$ Annual CPI rent increases
$$ 09/10 Rent $4,551/month incl GST plus tenants pay outgoings!! (see below)
$$ 12m x 38m shed includes office/showroom plus 10m x 18m covered apron
$$ Tenant pays council, water and sewer rates plus building insurance
$$ Scope for further development = more income